Specifically, I’m drawn to distressed properties, such as pre-foreclosures and foreclosures, because of their potential for strong returns and lower acquisition costs which I feel is a great combination for a new investor with my budget.That said, entering the U.S. market as a Canadian comes with its own set of challenges, and I want to make sure I’m approaching this the right way.

It's like you're building a money-making machine with PadSplit, but the fine print in the financing realm can throw in a curveball.Have you run into any specific challenges or surprises when it comes to financing after making these renovations?

That's why we started offering BRRR Turnkeys, where we help investor source a property (or they can find on their own), we rehab it, supplying rehab videos so they can see what was actually done.

Yes, up, it's simple obvious supply demand metrics. 

Challenges?

My challenge is that the equity is siloed in a high number of properties which complicates our ability to draw against it and leverage that for operational and investment purposes.Do you all know of banks willing to work with investors and able to underwrite at the portfolio level, rather than having to apply for and open HELOCs on a per-property basis?

A good broker remains transparent throughout the process, providing regular updates on loan applications, lender responses, and any emerging challenges.

I know I can reach out to some mortgage brokers to connect me with a private lender for most of the mortgage and then I would just need another lender to supply the down payment and renovation money.

Challenges?

A free property is great... but if you find a deal good enough to BRRR (which can prove challenging) take that profit and invest it into a revenue generating activity.